Barack Obama

China Ridicules Obama's Last Foreign Tour: "Washington's Leadership In Global Affairs Has Decayed"

"The victory of Trump, who swore to "make America great again" and has been supported by nationalists and skeptics of globalization, reflects an increasing trend of isolation in U.S. society...  Against such a backdrop, Obama's conciliatory overseas trip is doomed to be fruitless, and will only intensify the strategic uncertainty of the U.S. allies, instead of reassuring them."

Frontrunning: November 15

  • Biggest Global Bond Rout Since 2003 Pauses (BBG)
  • Oil prices jump 3 percent on hopes of OPEC output cut (Reuters)
  • Italy polls get worse for Renzi as referendum nears (Reuters)
  • Trump will get wake-up call when he takes office, Obama says (Reuters)
  • With Priebus, Ryan’s Speakership Has Direct Channel to Trump (BBG)
  • Supreme Court now in Trump’s hands (The Hill)

Trump And International Security

Since Donald Trump's election, media-fuelled panic has engulfed Europe, including over defence and security. We are told that World War III is imminent, that Trump will jump into bed with Putin and pull the US out of NATO. In fact, it is the EU, not Donald Trump, that threatens to undermine NATO and the security of the West. In recent days, European Commission President Jean-Claude Juncker, his foreign policy chief, and the German Defence have suggested that Trump's election should give greater impetus to a European defence force.

SEC Chair Mary Jo White To Quit With End Of Obama's Term

The first casualty of the Obama "transition" is now known: SEC chair Mary Jo White, under whose watch the market became an momentum-igniting, stop hunting mess thanks to the limitless proliferation of HFTs, whose lobby had succeeded in thoroughly penetrating and capturing the market regulator, is leaving at the end of the Obama administration.

Julian Assange Gives Sweden First Ever Statement Over Rape Allegations

In the first signs of movement following years of legal limbo involving the exiled Wikileaks founder Julian Assange, whose releases of hacked emails over the past few months have had a dramatic impact on the US political system, Swedish Chief Prosecutor Ingrid Isgren arrived at Ecuador's London embassy to question Assange, following a prolonged deadlock in an alleged rape case opened in Sweden more than six years ago.

China's President Calls Trump, Tells Him "Cooperation Is The Only Choice"

China's President Xi Jinping called Donald Trump and told him that cooperation was the only choice for relations between the world's two largest economies, with Trump saying the two had established a "clear sense of mutual respect". "The facts prove that cooperation is the only correct choice for China and the United States," China Central Television (CCTV) cited Xi as saying.

Frontrunning: November 14

  • Trump shapes White House, hires establishment figure, firebrand (Reuters)
  • The Trump Effect: Rout in Global Bonds and Emerging Markets Intensifies (BBG); Government Bond Rout Deepens (WSJ); Dollar soars as U.S. yields spike; global shares divided (Reuters)
  • Oil pinned near three-month lows as gloom grows over OPEC (Reuters)
  • Thin Rank of Donors May Contend for Top Posts (WSJ)
  • Trump’s Election Upends Agenda for Obama’s Last Foreign Trip (BBG)

Suicide Hotlines Get Record Number Of Calls After Trump Win: "Phones Have Been Ringing Off The Hook"

While many shocked Clinton supporters have found solidarity with thousands of others by protesting and rioting in the streets, some, like movie star Robert DeNiro, have fallen into a depressive state. And according to The Hill, those overwhelming feelings of depression have led to suicidal thoughts in many. So much so that suicide hotlines across the country are struggling to keep up...

The Clintons And Soros Launch America's Purple Revolution

Not only must Trump have to deal with Republican neocons trying to worm their way into his administration, but he must deal with the attempt by Soros to disrupt his presidency and the United States with a Purple Revolution

ObamaTrade Is Dead: White House Abandons TPP As EU Halts Trade Talks After Trump Victory

It appears the entire 'ObamaTrade' farce is collapsing under the weight of its secrecy and corporatocracy in the immediate aftermath of Trump's triumph. First this morning, Bloomberg reported that EU Trade Commissioner Cecilia Malmstrom said EU-U.S. negotiations on a free-trade agreement are on hold, and now WSJ reports that the Obama administration on Friday gave up all hope of enacting its sweeping Pacific trade agreement, denting American prestige in the regions at a time when China is flexing its economic and military muscle.